| Alex Foti on Mon, 25 Jul 2016 13:50:23 +0200 (CEST) |
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| Re: <nettime> WG: Fwd: Re: Forms of decisionism |
I totally agree you have to look at productivity distribution regimes
(in this boyer-coriat supplemented perez-freeman) - in 1950-1973 it was
basically productivity growth out of taylorized assemly-line operation
going to wages (in the US, for Germany, Japan and other laggards it
kept prices low and enable export-led growth and catch up) - then the
1973-1979 �last spell of working class insurgence and stagflation -
Fordist accumulation and Keynesian regulation end in inflatio.� With
the 1979-1983 monetarist recession and attendant deindustrialization,
the mutation of the economy starts toward informationalism. The
productivity growth regime under informationalism is radically
different than under mature fordism: productivity now goes either goes
to profits or in falling prices (or a combination of the two) but not
to wages (the great stagnation). neoliberalism doesn't deliver the
goods - if you're a wage earner you have buy em on credit. i submit the
hypothesis that that the structural cause of the demand crisis you
rightly see as the dominant factor in the Great Recession is in fact
the inability of neoliberal (de)regulation of distributing the fruits
of technological progress to the population at large, unlike Fordism.
However i completely disagree with the the neostagnationist idea (� la
Hansen) that demand is now saturated and there is no way to kickstart
effective demand and take the economy out of the doldrums where
wrong-headed policies have moored it for 8 years already. Poverty and
malnutrition are plaguing even western cities. College attendance is
falling due to rising costs. Mass youth unemployment is a reality.
There's huge need of investment in environmental remediation and public
health. Fact is we haven't tried fiscal expansion on the post-WWII
scale. Put money in the pockets of the precarious youth and make higher
education cheap or free and the economy will recover for real. High
concentration of wealth and income is enemy economic health: it was
true in the 1920s, it's true in the 2010s.�
On Sun, Jul 24, 2016 at 7:12 PM, Dr. Ludger Eversmann <Ludger.Eversmann@t-online.de> wrote:
Hi all,
let me shortly introduce myself: I worked on this field of cultural and
technological progress since my doctoral dissertation in Business
Information Systems Engineering in 2002, with focal point on all these
resulting questions when it is assumed that technological progress is
stepping on and possibly set to a maximum; questions like where
actually is a limit to automation (calculable mashines), it it
justified to replace human work by mashines, how, what are the
conditions, which socioeconic conditions could highly developed
industrial production systems lead to.
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